Gerald R. Benjamin - Nov 15, 2021 Form 4 Insider Report for GreenSky, Inc. (GSKY)

Role: Chief Administrative Officer, Director
Signature: /s/ Steven E. Fox, as attorney-in-fact
Stock symbol: GSKY
Transactions as of: Nov 15, 2021
Transactions value $: -$5,385,211
Form type: 4
Date filed: 11/17/2021, 04:48 PM
Previous filing: May 18, 2021
Next filing: Mar 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GSKY	Class A common stock	Sale	-$4.12M	-343K	-46.03%	$12.02	402K	Nov 15, 2021	Direct	F1
transaction	GSKY	Class A common stock	Sale	-$1.26M	-105K	-26.18%	$12.00	297K	Nov 16, 2021	Direct
holding	GSKY	Class B common stock						979K	Nov 15, 2021	Direct	F2
holding	GSKY	Class B common stock						199K	Nov 15, 2021	By LLC	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	GSKY	Holdco Units						979K	Nov 15, 2021	Class A common stock	979K		Direct	F3
holding	GSKY	Holdco Units						199K	Nov 15, 2021	Class A common stock	199K		By LLC	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.05, inclusive. The reporting person undertakes to provide to GreenSky, Inc., any security holder of GreenSky, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2	The Class B common stock entitles holders to ten votes per share; votes as a single class with the Class A common stock, has no economic rights, and is subject to forfeiture upon exchange of the Reporting Person's Holdco Units as described below.
F3	Pursuant to the Exchange Agreement, dated May 23, 2018, by and among the Issuer, GS Holdings and the members of GS Holdings, the membership interests of GS Holdings (the "Holdco Units") may be exchanged by the Reporting Person (with automatic cancellation of an equal number of shares of Class B common stock) for shares of Class A common stock on a one-for-one basis, subject to customary adjustments for stock splits, stock dividends, reclassifications and other similar transactions, stock repurchases and other reinvestments of excess cash, or for cash (based on the market price of the shares of Class A common stock), at the Issuer's option.